UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stake in ADT Inc. $ADT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of ADT Inc. (NYSE:ADT) by 8.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,718,798 shares of the security and automation business’s stock after buying an additional 132,616 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in ADT were worth $11,172,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ADT. Public Employees Retirement System of Ohio acquired a new position in shares of ADT in the 2nd quarter valued at $1,041,000. Redwood Investment Management LLC acquired a new stake in ADT during the 2nd quarter worth about $1,162,000. American Trust purchased a new stake in ADT during the 2nd quarter valued at about $68,000. Great Lakes Advisors LLC acquired a new position in shares of ADT in the second quarter valued at about $154,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of ADT in the second quarter worth about $34,130,000. 87.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ADT has been the subject of a number of research reports. BTIG Research assumed coverage on ADT in a report on Monday, August 17th. They set a “neutral” rating for the company. Morgan Stanley increased their price target on shares of ADT from $7.50 to $7.75 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ADT has a consensus rating of “Hold” and an average price target of $8.23.

ADT Stock Performance

Shares of ADT stock opened at $7.48 on Monday. The stock has a market cap of $5.46 billion, a PE ratio of 10.54 and a beta of 1.02. The business has a 50-day simple moving average of $7.21 and a 200-day simple moving average of $7.00. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 2.14. ADT Inc. has a 52-week low of $6.24 and a 52-week high of $8.94.

ADT (NYSE:ADT) last posted its earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%.ADT’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, equities analysts expect that ADT Inc. will post 0.9 EPS for the current year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, September 10th. ADT’s dividend payout ratio is currently 30.99%.

About ADT

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.